This compound is primarily utilized in the pharmaceutical industry as a key intermediate in the synthesis of various therapeutic agents. Its structural features make it valuable for the development of drugs targeting central nervous system disorders, particularly those involving modulation of neurotransmitter systems. It is often employed in the preparation of compounds with potential antidepressant, anxiolytic, or antipsychotic properties. Additionally, its chiral centers are significant for creating enantiomerically pure substances, which are critical in designing drugs with high specificity and reduced side effects. Researchers also explore its use in organic synthesis for constructing complex molecules due to its reactivity and functional group compatibility.